Self-custody without the fear of losing access

Self-custody means nobody can freeze your funds — including us. It also means nobody can restore them for you. This explains exactly where that line sits and how to stay on the safe side of it.

What a recovery phrase actually is

Your wallet does not "contain" tokens. The tokens are entries on Danny Chain, and your wallet holds the private key that authorises changes to those entries. A recovery phrase is that key written as 12 or 24 ordinary words, using the standard BIP39 word list.

Anyone holding those words controls the account completely and immediately. That is the whole security model, and it is why no support process can ever recover a lost phrase: there is nothing to recover from. The key was never on our side.

Why the standard matters

Because Danny Wallet uses standard BIP39 phrases, you can import the same account into another wallet at any time. That portability is a safety feature: if the app disappears tomorrow, your funds do not. It is also a warning — the phrase works everywhere, including in an attacker's wallet.

Multi-sig and biometric recovery

Two features narrow the gap between "your keys" and "one mistake away from nothing":

• Biometric unlock. The key stays encrypted on the device and is released by your fingerprint or face. It protects against someone picking up an unlocked phone — it does not replace the recovery phrase.
• Multi-signature. More than one key must approve a transaction. Losing a single device stops being fatal, and a single stolen key stops being enough to move funds.

A workable routine

• Write the phrase on paper. Photographs and cloud notes are the two most common ways phrases leak.
• Store two copies in different physical places, so one flood or fire is not the end of it.
• Keep a small "spending" wallet separate from a larger "holding" wallet, and only connect the spending one to sites.
• Test recovery once, with a small balance, before you rely on it.

What the explorer can tell you

Because every transfer is public, you can audit your own account without trusting any interface. The Danny Explorer lists each transfer against your address — the YA contract alone has recorded 14,736 transfers across 9,065 holders. If a transaction is not on the explorer, it did not happen.